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Weight Watchers International (NYSE:WTW) major shareholder S.A. Westend bought 126,620 shares of the stock on the open market in a transaction dated Thursday, August 14th. The shares were purchased at an average cost of $23.03 per share, for a total transaction of $2,916,058.60. The purchase was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

WTW has been the subject of a number of recent research reports. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Weight Watchers International in a research note on Thursday, July 31st. They now have a $20.00 price target on the stock, down previously from $23.00. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Weight Watchers International in a research note on Thursday, July 31st. They now have a $20.00 price target on the stock, down previously from $23.00. One research analyst has rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $22.50.

Weight Watchers International (NYSE:WTW) traded up 0.87% during mid-day trading on Friday, hitting $23.30. The stock had a trading volume of 623,098 shares. Weight Watchers International has a one year low of $19.09 and a one year high of $41.44. The stock’s 50-day moving average is $20.8 and its 200-day moving average is $21.81. The company has a market cap of $1.321 billion and a price-to-earnings ratio of 7.85.

Weight Watchers International (NYSE:WTW) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.98 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.77 by $0.21. The company had revenue of $397.50 million for the quarter, compared to the consensus estimate of $387.70 million. During the same quarter in the prior year, the company posted $1.39 earnings per share. The company’s quarterly revenue was down 15.6% on a year-over-year basis. Analysts expect that Weight Watchers International will post $1.82 EPS for the current fiscal year.

Weight Watchers International, Inc (NYSE:WTW) is a global-branded consumer company and a provider of weight management services, operating globally through a network of Company-owned and franchise operations.

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